S&P Global Ratings has temporarily downgraded USDT's anchor stability rating to the lowest possible level. Interestingly, the report states that the lowest rating is 5, and they would likely go even lower if possible. 😂 Tether's significant increases in its holdings of high-risk, high-volatility assets like Bitcoin and gold are the main reasons for the downgrade, along with a lack of transparency. There's no need to panic in the short term. If you're concerned, you can exchange your USDT for USDC.